Trade Balance: Goods and Services, Balance of Payments Basis. It tracks the difference between exports (goods and services sold abroad) and imports (goods and services bought from abroad). A negative number (trade deficit) means the U.S. is importing more than it is exporting. A positive number (trade surplus) means the U.S. is exporting more than it is importing. The trade balance formula is: Trade Balance = Total Exports − Total Imports

Millions of Dollars, Seasonally Adjusted

Resample Frequency:

Date Range:

Price Range:

Slope: N/A

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Federal Fund Rate

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Trade Balance

Labor Force Participation Rate

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Data for Trade Balance

Date	Millions of Dollars, Seasonally Adjusted	Percent Change

Trade Balance in Market Sectors